Heritage Fully Places 2026-2027 Catastrophe Reinsurance; Cost Falls $63.2 Million
Heritage Insurance Holdings announced that it has fully placed its 2026-2027 indemnity-based catastrophe excess-of-loss reinsurance program for its three insurance subsidiaries. The total consolidated cost is about $367.5 million, down $63.2 million from the prior year's renewal cost of about $430.7 million, which lowers the cost of protecting the company against catastrophe losses.
Key points
- Total consolidated program cost of about $367.5 million, versus about $430.7 million for the prior year's renewal
- Over $2.2 billion of limit placed, including two new catastrophe bonds
- $712 million of multi-year coverage, with $550 million through fully collateralized catastrophe bonds and $162 million through private reinsurance
- Florida Hurricane Catastrophe Fund participation of 90.0%, consistent with the prior year
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.